nice language stalker----your just a momentum short -no nothing of miners-shall i give you a test
Dollar chart has been wildly bullish, tho overbought (RSI).
FXE extremely oversold. Watching key levels in mining indices and have continued to SELL JNUG bounces into rise, holding one of 4 munches at this point (at loss, since I put cash to work elsewhere instead of overweighting for intraday bounces...just trading tiny munches, thus far. Ditto mining shares...all munches only, to trade around after reversal.). GDXJ struggling to stay above 200ma, and thus far today, still below.
Go to finviz for one set of trendline possibilities for JNUG...testing lower if support does not hold.
See also GLD SLV GDX GDXJ and of course current and futures for all related.
The pro/con list for miners becomes more bearish and nasty daily, and the bashers become more obscene and obnoxious. That's ONE positive and often occurs as stocks bottom, tho NO confirmation bottom is in yet (hence my continued TRADING rather than holding all 4 munches of JNUG, and selling of some 'munches' into bounces.)
Note this article at kitco:
Comex Gold Trims Losses As Traders Cover Short Positions, Book Profits
By Allen Sykora of Kitco News
Thursday September 18, 2014 12:23 PM
Look at the monthly for CDE. going back to 2001. (Low 3's. Retest 6's Will only be worthwhile IF silver reverses and eventually has excellent moves....which I still expect long term).
NUGT in 29's. Low 29.18 today. Would trade intraday bounce iffen ah had dry powdah. For the moment, continue extremely overweight elsewhere (non-mining) and continue trading, especially in volatile or unconfirmed situations.
Woulda also like to add to JNUG for a trade today in mid 16's....now 16.80's...tho would still likely sell until/unless confirmation of reversal.
117.19, thus far, low of day for GLD.
MACD monthly for SLV GLD on radar.
NOT trading DUST, but chart on radar to observe resistance areas.
U.S. Weekly Jobless Fall To 280K - Kitco News, Sep 18 2014 8:35AM
US Housing Starts Fall 14.4% To 956,000 Units In
no ex pats work at majestic- 5mines in mexico cunning guy this neumeyer-will retain canadian and nyse listings -mexico investors will avoid having to change peso--
I thought yesterday was oversold but today is much more oversold.. wow... thinking about using margin to buy more..... hmmm
In addition to tax-loss selling, margin calls may be forcing some selling.
CDE looks way too cheap down here.
with five(5) mines in Mexico Neumyer shouldn't be talking to Kitco, he should be addressing the Mexican Government on how its national resources are being EXPLOITED and EXPROPRIATED by a CORRUPT PRICING SYSTEM! These BALL-LESS wonders of mining companies are sleep-walking thru the biggest episode of market corruption ever encountered. IMO, they should be making constant complaints to the SEC and CFTC and seeking legal action against the NYSE and CME.
randy buffington presently CEO anv and ex coeur joins board of rye patch also they have just put out drill results at lincoln hill-joining board directors northair who runs condire that just bought the majority of private placement and now rivals coeur position is a harvard mba school chum of krebbs and still friendly-and don birak on board of advisors ex geo for coeur-west kirkland building at hasbrock bought from anv and coeur financing drilling by idaho north at tonapah next to this upcoming mine-new ceo of northair supposed to join board of commonwealth another coeur strategic-new ceo at recent sumitt thinks nortair going to be one of top 10 primary silver deposits---drills are out there now and financed
he has now stalked me to hl board-and has taken to re posting some old informational posts here on mint sales ,seasonality ,phillips ,kennedy ,rassmussen,protective puts and cash-- try silver dictates,silver dictates- coal-remember i'm sidelined but have started a small defensive position in hl because of grade,diversity of metal s,jurisdiction, hedged base metals and resources and growth-
How many people have you hurt with your mindless, incoherent, incorrect ramblings?
If they were distracted by me, they could have made a lot of money. Instead some of those poor ahols listened to a bigger ahol than themselves - YOU.